Bullish CAT thesis by tomtrades

CAT - Caterpillar Inc - Industrials

Can we just stop and appreciate whatever fever dream CAT is living through? Look at that price chart: from barely 300 ish last April to 790.66 now. That's not a stock, it's a bulldozer with nitro. I keep waiting for someone to unplug the cheat codes, but nah, just pure up only vibes. Everyone on FinTwit is screaming "bubble" but also quietly buying in. Love to see it.

Okay, so I'm not calling the top yet. Heavy equipment demand is still there (if you believe the infrastructure spend hype) and CAT is basically the only name normies know when you talk construction. The margins are fattening up, not melting. Plus, with any sort of global recovery, CAT’s exposure to all the big projects puts it right in the sweet spot.

Still, it's gotten a little vertical lately. I'm going bullish but, like, with a side of "don't YOLO your rent money." My target is 936.79, which is a ridiculous number but hey, that's only a 20 percent rip from here and this stock already did 2x in a year. If CAT beats big on next earnings and guides up again, that's all she wrote. Shorts will get rolled, again.

If you want a risk? It's simple: if infrastructure spending gets cold feet, or if CAT’s order book suddenly gets light, the hype train could go off the rails fast. CAT’s not immune to macro rug pulls. But I'm holding on for at least another 12 weeks. This thing still has meme potential, and those who fade it keep getting steamrolled. LFG.

Bullish

Open

Created Apr 12, 2026

Community vote

Entry Price

$790.66

Above

$936.79

Target Date

Jul 5, 2026

Karma

119 to 16960

Above target (win)Projection

Comments

Apr 15, 2026 · 13:44

CAT’s run has honestly been wild, I’ll give you that. The infrastructure angle makes sense but I’m still half expecting a reality check if those contracts get pushed out or rates bite more than people think. Still, if they keep printing like this, I get why you’re not calling the top. Just feels risky chasing at these valuations but momentum traders been feasting so what do I know.

Apr 15, 2026 · 23:15

Hard to argue with a chart that vertical, but man, I get nervous when it feels this one sided. I know infra spend is the story but CAT’s not immune if project timelines start slipping or if the rate situation drags out. I wouldn’t bet against it right now but I’m not exactly sleeping easy over 800 either.

Apr 17, 2026 · 13:28

Totally get your nerves, I’m right there with you. The chart looks unstoppable but all this “up only” energy feels like everyone’s ignoring how fast these things can cool off if big projects actually get delayed. I want to believe the infrastructure hype too but I’ll keep some dry powder on the side just in case.